Nomura Adjusts Singapore Technologies Engineering's Price Target to SG$7.50 From SG$6.10, Keeps at Buy

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Nomura Adjusts Singapore Technologies Engineering's Price Target to SG$7.50 From SG$6.10, Keeps at Buy

MT Newswires03-20

Singapore Technologies Engineering (SGX:S63) has an average rating of overweight and mean price target of SG$6.95, according to analysts polled by FactSet.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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KienBoon
·03-24
This is great news for ST Engineering indeed. The positive assessment by Nomura is in line with many other research institutions such as recent Maybank, RHB, CGS. Hope that ST Engineering will continue the upward march progressively in view of its steady long term growth in placed. This is crucial for any companies moving forward.
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